Hwatsing Technology Co.,Ltd.’s Net Profit Rose 101.4% in First Half of 2023

Hwatsing Technology Co.,Ltd. (华海清科股份有限公司) (688120.SH) reported a net profit of 374.1 million yuan in the first half of 2023, up 101.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 72.1% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.6%.